Rental market snapshot for East Hills, Grand Rapids

East Hills rental market summary

The rental market in East Hills, Michigan is showing signs of growth. In July 2023, there were 43 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $1,600, a 11.1% increase from the previous month and a 3.2% increase from the same time last year. This indicates that the rental market in East Hills is becoming increasingly competitive, with more people looking to rent in the area.

The increasing demand for rental properties in East Hills is likely due to the area's growing popularity. With its close proximity to major cities and its abundance of outdoor activities, East Hills is becoming an increasingly attractive destination for renters. As the rental market continues to grow, it is likely that the median rent will continue to increase as well. This could make it more difficult for renters to find affordable housing in the area, but it could also provide an opportunity for landlords to increase their profits.

Median rent for all residential properties in East Hills

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The most expensive listings and top trending buildings in East Hills

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Bedroom Breakdown in East Hills

Studio
$1,050
MEDIAN RENT
1 Bedroom
$1,325
MEDIAN RENT
2 Bedroom
$1,275
MEDIAN RENT

East Hills neighborhood apartments rents

The rental market for studios in East Hills, Michigan appears to be relatively stable, with only one new studio listing in April 2023 and a median rent of $1,050. Unfortunately, no data is available for the median rent in March 2023 or the percent change in rent from March to April, so it is difficult to draw any conclusions about the rental market in East Hills. However, the limited data available suggests that the rental market for studios in East Hills is relatively stable.

The rental market for 1-bedroom apartments in East Hills, Michigan appears to be relatively stable, with only one new listing in July 2023 and a median rent of $1,325. Unfortunately, no data is available for June 2023, so it is impossible to determine the percent change in rent from that month to July 2023. Overall, the rental market for 1-bedroom apartments in East Hills appears to be relatively steady.

The rental market for 2-bedroom apartments in East Hills, Michigan appears to be relatively stable, with only one new listing in July 2023 and a median rent of $1,275. Unfortunately, no data is available for May 2023, so it is not possible to determine the percent change in rent from that month. Overall, it appears that the rental market for 2-bedroom apartments in East Hills is relatively stable and consistent.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in East Hills is $1,600.
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